Announced
Completed
Financials
Tags
United States
anchoring systems
Machinery: Specialty
Acquisition
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
MiddleGround Capital, a private equity firm, completed the acquisition of EDSCO Fasteners, a manufacturer of mission-critical anchoring systems for power transmission poles and other large steel structures. Financial terms were not disclosed. "EDSCO has a long history as a trustworthy supplier to its customers, reputation for excellence, and track record of growth. Our team really valued MiddleGround’s highly operational approach and culture of continuous improvement. Their values and experiences align well with our own, and we are excited to have MiddleGround as a partner in helping us to achieve our goals," Richard Butler, EDSCO President and CEO.
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